BLR 0.00% 0.2¢ black range minerals limited

isr or open pit, page-20

  1. 290 Posts.
    'sircorp'
    To clear up the confusion in capex & opex re:TOE
    1. you are quoting old costings in AUD when everyone else is using USD.EG.
    HIGHLIGHTS
    � A 28% reduction in operating costs to A$39.7/lb U3O8 (US$29.8/lb)
    from A$53.9/lb (US$40.4/lb) previously;
    � A 17% reduction in upfront capital costs down to A$162 million
    (US$121m) from A$195m (US$146m) previously

    They've since changed their preferred method to Alkaline agitated leach from Alkaline heap leach(costings are higher,but recovery of u3o8 is greater)
    Capital Costs=A$258m (US$193m)
    Operating Costs=A$45.1 /lb (US$33.8 /lb)
    Method of mining=strip mining about 10m deep


    RE:BLR
    The 2008 scoping study doesn't come close to your figures,
    Treatment of ore through own processing facilities with
    conventional acid leaching
    􀂃 Production of ~2.2 million pounds of U3O8 per annum
    􀂃 Cash cost of production of ~US$34/lb U3O8
    􀂃 Initial capital cost of development estimated to be ~US$160
    illi
    Drilling at the Taylor Ranch Uranium Project.
    million
    􀂃 Mine and mine infrastructure ~US$60 million
    􀂃 Processing facility ~US$100 million

    We await the new and revised costings!



 
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